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NEW PRODUCT LAUNCHES

Nestle Jamaica has invested over US$7.6 million in a new production line for the liquid meal supplement. The new line according to company statements, responds to consumers’ demand for a more modern, appealing and convenient product.

“The new Supligen, packaged in a slim aluminum can has a cleaner, more refreshing taste. The logo has also been updated to reflect a more modern image and the sustained energy benefit,” said James Rawle, Country Manager for Nestlé Jamaica

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Radvision Launches SCOPIA

Already acquired by Telecom giants Digicel and LIME, SCOPIA, a new video technology launched in Jamaica by business communications provider Avaya, could save companies millions in travel expenses and increased productivity. The videoconferencing software, developed by Tel-Aviv based company Radvision Limited, connects users in a virtual room, according to Gaby Koren, Radvision’s regional general manager. The need for travel is therefore reduced, as business trips can easily run to as much as US$12,000 ($1 million), depending on the number of people travelling. That’s almost as much as the one-time cost of setting up Scopia. Our software is free, but associated licensing fees will cost companies at least US$15,000” explained Paulo Manzato, Avaya’s managing director for the Caribbean.

 

RedBk Jamaica Launches BlackBerry Mobile App

RedBk Jamaica Limited, publishers of the soon to be released 2012-2013 RedBk Telephone directories  announced that as of Monday, September 17th, 2012 the RedBk BlackBerry Application will be available for free public download.   The company in a statement to the media said the release of the BlackBerry Application follows extensive testing and modifications to ensure it meets international standards and importantly, the demanding expectations of Jamaican consumers. “This is a very serious move to demonstrate to our advertisers that we are focused on providing them with a differentiated and enhanced directory advertising experience in print and online. One key element among the many features available is the App’s ability to search  among the 5 RedBk regions making each search more relevant to you as well as access to 12 Relevant Categories, including Emergency Numbers; Auto Suppliers etc.”Carol Pryce, RedBk Jamaica’s President and CEO

 

New Look Nestle Supligen

Nestle Jamaica has invested over US$7.6 million in a new production line for the liquid meal supplement. The new line according to company statements, responds to consumers’ demand for a more modern, appealing and convenient product. “The new Supligen, packaged in a slim aluminum can has a cleaner, more refreshing taste. The logo has also been updated to reflect a more modern image and the sustained energy benefit,” said James Rawle, Country Manager for Nestlé Jamaica

 

 

 

 

 

Yellow Pages launch rival BlackBerry app.

JYP’s introduction of its BlackBerry app came on the heels of its launch of a similar app for Android and Apple users in April. BlackBerry’s market leader status in Jamaica made the progression inevitable. Research has shown that in the Caribbean, BlackBerry is said to have over 80 per cent of the consumer and business market. In Jamaica, over 70 per cent of the mobile market use or own a BlackBerry. With our newly released JYP Mobile App for BlackBerry users we can now tap into that market and our clients and end-users can now easily find and discover any business listed in the Jamaica Yellow Pages with just a click on their BlackBerry mobile device,” explained Alleyne Graham, JYP’s marketing manager.

 

Introducing the Advantage General BlackBerry app.

“Advantage Mobile will more efficiently place routine insurance services at our clients’ fingertips. The aim was to create the kind of cutting edge application that will deliver a truly engaging experience and wow our customers,” explained   Mark Thompson, AGI president and CEO. Customers will be able to report accidents or dangerous driving to the company by entering the vehicle’s licence plate number along with any pertinent information on the incident. AGI’s system will then provide automatic confirmation of receipt.  Advantage Mobile allows users to get quick quotations, manage their insurance policies, and submit motor accident notifications and windscreen claims, and access roadside assistance, among other features. BM

 

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John Mahfood “I Listed on the JSE to Raise Capital for My Business”

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JSE Online Trading Platform

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Grace Stockholders To Vote On 3-for-1 Stock Split Today

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Shareholders of GraceKennedy Limited will this morning meet to consider and, if thought fit, approve a recommendation for a three-for-one stock split.

If approved, shareholders will receive three stocks for each one that is currently held.

According to group CEO Don Wehby, the stock units with a market price of J$115.00 per stock unit prior to the split will now increase threefold with an initial price of J$38.33 per stock unit

He says the stock split would allow GK’s stock to be made available to more investors while further enhancing the market for the shares.

Ahead of this morning’s Extraordinary General Meeting, GK last week issued 59,360 additional GK shares.

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UK Loses S&P Triple A Rating

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The UK has lost its top AAA credit rating from ratings agency S&P following the country’s vote to leave the EU.

S&P says the referendum result could lead to “a deterioration of the UK’s economic performance, including its large financial services sector”.

Earlier the pound plunged to a 31-year low against the dollar, and UK markets closed lower for a second day. On Friday,

Moody’s cut the UK’s credit rating outlook to negative.

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Caribbean Hotels Named In Jetsetters’ 2016 Best Of The Best

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Three Caribbean hotels have been named in US-based travel and lifestyle magazine Jetsetter’s 2016 Best of the Best awards.

The list which was published recently, highlighted the world’s 20 best hotels in categories ranging from Best Over-The-Top Luxury to Best Safari Lodge.

Included in the list were Antigua and Barbuda’s Barbuda Belle Luxury Beach Hotel, Anguilla’s Zemi Beach House Resort & Spa, and St Lucia’s BodyHoliday.

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